Investing in crypto

[Atlantic93]

Should I invest in some new coins? What are the main points to pay attention to before putting my money into crypto?
Thanks!

[1714049993]

1714049993

[1714049993]

1714049993

[1714049993]

1714049993

[mk4]

If you like gambling, then sure. But I'd honestly rather go play in a casino instead of 'investing' in the new coins/tokens. If I lose money on a casino, hey, at least I somewhat enjoyed it.

Make sure you actually know what you are investing it before putting even a single penny in it.

[cyrax00777]

Hi there! I can not really understand why do you want to invest in unstable cryptocurrencies? My advice to you is to study price analysis and charts first, to gain basic knowledge about trading, to find a good and stable trading platform. And what about trading? The best way is to invest in BTC, ETH, and a few more currencies that come next by market cap ( you can find the best price analysis here https://coinmarketcap.com/ ). After that, find a good and stable platform to trade, like bitstamp, kraken or cryptocoin pro. Good luck!

[kidis]

1) Think about where you can use it and for what. Does it suit you?
2) Check the coin market here https://coin360.io/ or any other platform and look at the tendencies over the period
3) Conduct your own research by reading news on that particular coin you choose.

That's the only way not to be scammed.
Good luck

[Lucasgabd]

Should I invest in some new coins? What are the main points to pay attention to before putting my money into crypto?
Thanks!

if you follow these rules:

1. never invest what you can't afford to loose.
2. study study study, read read read, before buying a project. (have you ever heard of DYOR?)
3. know how to identify a SCAM project so you don't throw your money away.
4. understand market cycles so you don't buy tops and sell bottoms



5. understand the concept of risk/reward. trading (and investing as well) is about finding assymetrical opportunities.

I could think of more rules but there's a lot of homework to do from here already.

I'd recommend you to check Secretsofcrypto post on his rules as well:



(wow, just realized this could be a thread by itself)

[Labonikhatun]

It would appear to me that this current downturn may soon be over. So let's consider which are the good coins to invest in and which project look viable. I think you can invest in crypto learn about cryptocurrency and knowledge, what it is, how it works, the technology and bitcoin. First of all, I would invest the only sum that I can afford to lose in cryptocurrencies. Investment spread would be based on the risk appetite. However, you can investment cryptocurrency world would first come to know about Bitcoin and investment choice Ethereum, Litecoin, Ripple.

[nischal123]

Sure, In my view it is wise to invest in crypto right now. But you have to remember one simple rule. “Buy Low Sell High” , If you want to make profit then buy and forget. Reason people fails to get the most out of their crypto investment that they are scared and if price drops they sell all of their crypto.

You will need to have a lot of patience and wait for price rising.

Also, remember, only invest the amount you can afford to loose.
crypto  is to stay for a long time and if you don’t know about it’s technology then should learn a thing or t00 about blockchain and how it works.

[TheAndy500]

I think that now when crypro has already exploded currencies like bitcoin and etherium are not worth investing, focus on subcurrencies that are linked/based on etherium and research their technology bechind them, like for example a buying a cryptocurrency that focuses on property or something like that.

[jayawchaminda]

1 st time I invest crypto market I see many youtube video, facebook post, twitter post, and join a crypto market facebook group. I am learning lots of things. before invest, ICO (Initial Coin Offering).we need to see Team, white paper, roadmap, coin ICO price.

[Banemu]

Should I invest in some new coins? What are the main points to pay attention to before putting my money into crypto?
Thanks!

The whitepaper will help you in more ways when it comes to investing in cryto ..to have a good understanding of what a whitepaper may be, https://bitcointalk.org/index.php?topic=5039628.0

[boyptc]

Should I invest in some new coins?

No one stops you from investing to new coins but understand the risk included on it. Most of the new coins are causing pump and dump so its your call.

What are the main points to pay attention to before putting my money into crypto?
Thanks!

Risk.

If you are aware of the risk you take then you know what are the possible consequences and after that you can put your money.